Property registration: what it is and how to get it 

The property registration is a very important document, especially for those who purchase a property.

But few people understand its real function, just as few understand the importance of keeping it up to date.

With that in mind, today we'll look at what property registration is, as well as all the information on the subject.

So, to learn about enrollment, regularization, transfer, registration and much more, continue reading! 

What is property registration? 

There is no one who acquires a property without hearing about the property registration.

This is because this is one of the most important documents for registering the property.

Without it, it is not possible to obtain the main information related to the project, its location and other important points for identification. 

Explaining it succinctly and practically, the registration works like a property certificate.

The purpose of this document is to identify and detail the property, that is, to specify all the characteristics of the property. 

The registration can be considered as the general document of the property, where all the information related to it can be consulted.

Among the information contained in the registration, we can observe: 

• Location of the property;
• Owner and transfer history; 
• Total area and useful built area; 
• Changes made to the property; 
• General information such as construction date; 
• Mortgage and chattel mortgage history; 
• Lawsuits;
• Inventories. 
• And more.

Therefore, we can understand that upon registration it is possible to obtain any and all clarification about the property.

This identification occurs through a unique registration number, which is stored by the Property Registration Officers.

The registration consultation is public, so anyone can obtain information regarding the ownership and legal status of a property.

Updated property registration 

In the previous topic we said that the property registration is a public consultation document.

This means that anyone can get the registration number and obtain information about the property.

It turns out that for this there is a necessary procedure, which is the request for an updated property registration.

To obtain this document, simply go to a Property Registry and pay the issuance fee.

With the document in hand, it is possible to consult all information regarding the property.

This information includes the name of the owners, debt history, and whether the property is eligible for negotiation.

The purpose of this document is to provide greater security for those intending to negotiate the purchase of a property.

It is worth mentioning that the updated property registration is valid for 30 days, and after this period it is necessary to request it again. 

How much does the consultation cost?

Throughout the previous topics, we were able to understand that a property only has value and registration if it has a registered registration.

However, it is not uncommon for the owner to live in the property for a long time without updating the registration.

In this case, if you intend to buy or sell, you must carry out the registration consultation procedure, especially to confirm the property status.

The good news is that the registration consultation process is simple and does not require a large investment.

The value depends on the Property Registry in your region.

But, for the city of São Paulo the value is around R$ 60.00.

It is worth remembering that it is important to take the property's main information with you for consultation.

It's worth mentioning that the consultation fee will give you access to the document we presented to you earlier: the updated property registration. 

If the 30-day period for this document expires, you will need to pay the fee again for the document to be valid.

This is to ensure the delivery of the most up-to-date information about the property. 

Registration vs. property deed

When talking about property registration, many people immediately associate it with the deed.

This is because the word deed implies that the document serves to detail the property.

But, as we have seen, this function belongs to the registration, and the deed is assigned another task.

The deed also serves to detail the property, but with a specific purpose.

This purpose is to carry out purchases and sales.

This means that the deed specifies all sales and transfers that have already been made on that property.

Therefore, the deed is usually only used when buying and selling property.

The registration is an identification document, necessary at all times, and for any type of change or consultation of the property.

It is essential to say that simply having the deed to the property does not make you the owner of it.

This is because only possession and registration of the license plate guarantees this transfer of ownership.

Therefore, it is only possible to purchase a property with a registered and updated registration! 

How to regularize a transferred property with pending registration? 

Registering a property is a process that must occur from the moment the project is surveyed. 

But still, we see many cases where owners have not bothered to keep their registration up to date.

And the real problem occurs precisely when there is an attempt to transfer.

This is because, in order to sell a property, it must be in accordance with the registration.

And, when there are pending issues, transfer and valid bookkeeping are not possible.

To regularize this situation, the former owners need to rectify information and regularize the registration.

Only then will it be possible to carry out the transfer procedure, which will add the name of the new owners to the registration and modify the ownership of the property. 

This is because, as we have already seen, the registration contains all the property's records and history.

Therefore, no changes can be made without first officially registering them. 

Therefore, if you purchased a property in this situation, be sure to take the time to regularize the situation.

This will give you a much smoother and inconsistency-free purchase.

It is worth mentioning that there is no point in simply receiving the updated deed, as it must be in accordance with the registration.

And, without registration in the name, the deed is worthless, even if the purchase and sale process is recorded in it. 

After all the explanation, you now know what property registration is and everything about its regularization and consultation.

So, be sure to make your inquiries to ensure better negotiations!